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National Stock Exchange of India (NSE)
Arbitration proceedings between SGX and NSE deferred
SINGAPORE (July 26): The arbitration proceedings between the Singapore Exchange and India's National Stock Exchange in Mumbai over the planned launch of a derivatives product by SGX in India have been deferred.
July 26, 2018
Singapore Nifty contract trading to continue pending arbitration
SINGAPORE (June 16): Singapore Exchange and National Stock Exchange of India will have to remain partners for a little longer than both anticipated.
June 16, 2018
Broker's Calls
SGX's share price correction over Nifty dispute deemed overdone by OCBC
SINGAPORE (June 1): OCBC Investment Research is maintaining its “buy” call on Singapore Exchange (SGX), while dropping its fair value to $7.89 from $8.22 previously.
June 01, 2018
SGX dispute with NSE over stock futures goes before arbitration court
SINGAPORE (May 29): The Bombay High Court has ordered the lawsuit filed by a subsidiary of the National Stock Exchange of India (NSE) against Singapore Exchange to be settled through arbitration, says SGX in a Tuesday filing.
May 29, 2018
Investors in the dark as Singapore and India fight over futures
(May 25): What started as a business disagreement between two Asian exchanges has become a source of growing concern for international investors.
May 25, 2018
Global Markets
Court extends stay in India-Singapore dispute over stock futures
(May 24): The Bombay High Court extended an injunction against Singapore Exchange (SGX) as it deferred hearing a dispute over plans for new offshore Indian derivatives contracts.
May 24, 2018
India-Singapore futures fight a 'concern' for MSCI's CEO
(May 24): The chief executive officer of MSCI Inc., one of the world’s biggest index compilers, said his firm is “concerned, quite a lot” about the dispute between exchanges in India and Singapore that threatens a popular offshore futures contract.
May 24, 2018
SGX sued by India Exchange in futures dispute
(May 22): The National Stock Exchange of India sued Singapore Exchange in a Mumbai court, escalating a dispute that threatens to leave international investors without one of the world’s most widely used offshore futures contracts.
May 23, 2018
Update
SGX closes 2.1% lower on news of potential injunction
SINGAPORE (May 22): Singapore Exchange (SGX) is facing a potential interim injunction on the India equity derivative products it intends to launch in June this year, but maintains that it nonetheless will continue to list the products as planned.
May 22, 2018
SGX stock falls 2% before midday break on news of potential injunction
SINGAPORE (May 22): Singapore Exchange (SGX) is facing a potential interim injunction on the India equity derivative products it intends to launch in June this year, but maintains that it nonetheless will continue to list the products as planned.
May 22, 2018